I know it doesn't involve the TWU/AA conspiracy theories or variable compensation anger, but here goes anyway:
http://biz.yahoo.com/prnews/060308/daw036.html?.v=48
Well, ya shouldn't have spun off Sabre in the first place. Then you'd have a stronger hand to discipline those guys. And you'd still have that revenue stream and all that cash. B)
Here's the text of Sabre's announcement from Tuesday, Mar 7:
http://biz.yahoo.com/bw/060307/20060307005236.html?.v=1
American Airlines Statement on GDS Content Sharing
Wednesday March 8, 12:54 pm ET
FORT WORTH, Texas, March 8 /PRNewswire-FirstCall/ -- Today, American Airlines issued the following statement in response to the announcement issued March 7, 2006, by Sabre Holdings that it had reached an agreement with Amadeus IT Group to share content from airlines that might not participate in one of the two networks:
American believes that its contracts with Global Distribution System (GDS) providers prohibit redistributing and remarketing American's content among those systems. American has not had a chance to fully examine / review the workings of the agreement between Sabre and Amadeus, and will be requesting a further explanation of the agreement from both Sabre and Amadeus for this purpose.
American has in the past, and will in the future, vigorously protect its content to the fullest extent under applicable contracts and law; this will include addressing bookings of American's fares made through unauthorized sources.
"It greatly concerns us that this announcement by Sabre may indeed mislead travel agencies and professionals into falsely believing that the content issue facing the GDSs is solved by this arrangement," said David Cush, American's Vice President and General Sales Manager.
"American Airlines has stated previously that it may not participate in all GDSs going forward. Furthermore, as we negotiate with the GDSs, American is committed to keeping travel professionals informed so that they can plan for maintaining full access to American's fares," said Cush.
http://biz.yahoo.com/prnews/060308/daw036.html?.v=48
Well, ya shouldn't have spun off Sabre in the first place. Then you'd have a stronger hand to discipline those guys. And you'd still have that revenue stream and all that cash. B)
Here's the text of Sabre's announcement from Tuesday, Mar 7:
Sabre Announces Agreement with Amadeus to Provide Access to Airline Inventory to Benefit Travel Agents, Travelers
Tuesday March 7, 8:00 am ET
SOUTHLAKE, Texas--(BUSINESS WIRE)--March 7, 2006--Sabre Holdings (NYSE:TSG - News) today announced a new agreement with Amadeus IT Group SA to provide their respective travel agents with uninterrupted access to airline inventory.
Specifically, the agreement enables Sabre Travel Network to provide its travel agents with the ability to complete bookings on an airline that might not participate in the Sabre global distribution system (GDS). Sabre will offer the same back-up for Amadeus.
The agreement is designed to benefit the tens of thousands of Sabre GDS subscribers as well as the traveling public by ensuring their travel agents have content access to offer a broad choice of airlines. Providing Sabre connected agents with this capability will help to ensure they have continued broad and seamless access to airline inventory and is expected to help avoid service disruptions. The ultimate beneficiaries of this agreement are travelers, whether leisure or business, who can now be assured that their travel agent will continue to be able to service the full range of their travel needs.
http://biz.yahoo.com/bw/060307/20060307005236.html?.v=1